Posts Tagged ‘borrow’


Debt Strategy experts Bell & Company weigh in on the insolvency figures from 2017 and consider what 2018 may have in store.

With the New Year just starting, Bell & Company, are keen to decipher the insolvency figures from 2017, and consider what they may mean for 2018. According to statistics released by The Insolvency Service, an estimated 4,152 companies entered insolvency during the third quarter of 2017. While this number may seem significant, this number has actually…

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Bell & Company

Bell & Company prove benefits of great business relationships

Bell & Company were recently able to assist a young couple with 2 young children facing eviction from the family home. Bell & Company were appointed and approached the lender seeking a consensual sale, which was accepted by the lender. In this instance, Bell & Company achieved savings of around £105,000, after the agreed open…

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beat debt

How you can beat debt

How you can beat debt Debt is a problem that affects millions of people all over the world. In the UK specifically, over 8.3 million families are currently living in debt, with this often causing people emotional stress and anxiety as well as financial problems. In Newham, London, more than 20% of the people living…

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property costs in the uk

Will property costs in the UK continue to rise?

Property costs in the UK For many of us, property prices are simply too high. A sizeable majority of us are priced out of living in our capital where, along with higher living costs, you’ll find the average house price to be a whopping £481,556. Perhaps soaring prices are to be expected in Britain’s capital,…

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first-time investor

First-time investor left with large shortfall

Bell & Company were contacted by a gentleman who had been left in negative equity on his home. This was the gentleman’s first time investing in property, and unfortunately, just took out a mortgage at simply the wrong time, and had the possibility of insolvency looming over him. At Bell and Company, over our years…

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property crash

My home has been sold and now I have received a letter chasing an outstanding balance. What are my options?

As the various lending institutions work through their ‘delinquent’ mortgage books, more and more people are approaching us at the end of the sale process, when the lender and their agents, usually solicitors, chase and seek recovery of the outstanding amount due, after the disposal of the asset(s) involved. If a property was purchased pre…

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Bankruptcy- What can happen?

Bankruptcy, the “B” word, is feared by many and has negative connotations associated with it. Sadly, we see many Creditors petitions in Court for borrowers being made Bankrupt by their Lender. Perhaps the stigma surrounding Bankruptcy has been reduced since 2008 due to the increase in numbers filing for Bankruptcy but it is still something…

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Could I lose my home?

One thing we understand entirely is that home is sacrosanct to most people thus it is imperative that the situation in home is investigated first and foremost. In many instances, a Borrower/Guarantor’s home will be mortgaged with another lending institution and, as a result of the property crash, there will very rarely be equity in…

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loan sale

Pressure from a pending loan sale?

  As will know, there has been a multitude of bank loan sales of late to a variety of recovery companies and vulture funds. This includes Ulster Banks loan sales to Cerberus and Cabot for example amongst many others (further batch of letters issued end of May to notify of yet another pending loan sale) When…

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